economics easy Fill in the Blank

The short-term unemployment that occurs when workers are transitioning between jobs or searching for their first job is known as ___ unemployment.

  1. drives out
  2. social
  3. milk
  4. frictional

Answer: frictional

Frictional unemployment is a natural and inevitable part of any dynamic labor market. It represents the time lag between workers leaving one job and finding another that better matches their skills and salary expectations.

Topic Macroeconomics - Unemployment
Exam Relevance SSC, Railway, UPSC